29% rise in approved agricultural investments, to 322 MD, at end September 2021
15/10/2021 18:43, TUNIS/Tunisia
(TAP) - 2,314 investment operations worth 322.8 million dinars (MD) were approved during the first nine months of 2021, up 16% in number and 29.4% in value, compared with the same period of 2020.

According to statistics published Friday by the Agricultural Investment Promotion Agency (APIA) , the approved investments will create 2,548 permanent jobs, against 2,243 during the same period in 2020.

These investments have benefited from subsidies amounting to 98.7 MD, including a budget of 40.7 MD mobilised for the acquisition of agricultural equipment (988 agricultural tractors).

According to APIA, the committees of granting benefits have approved 36 land loans worth 5.8 MD against 40 loans worth 6.1 MD during the same period of the year 2020. These loans will allow the integration of 375 hectares of land into the economic cycle against 397 hectares of land during the year 2020.

//22% jump in approved investments in the olive industry

 In addition, APIA reported that the value of investments approved in the olive industry amounted to 65.3 MD, up 22% compared to 2020, while those intended for the agricultural services sector have increased by 25.4% to 34 MD.
Furthermore, 16 investment operations worth 24.1 MD have been approved for the benefit of companies of enhancement and agricultural development (SMVDA), against 6 operations worth 1.9 MD, at the end of September 2020.

The investments approved for the benefit of young people and women entrepreneurs have also increased respectively by 10.4% and 11.6%.

 //Drop in investments in aquaculture

On the other hand, approved investments in the aquaculture sector have decreased, being limited to the approval of 4 operations related to floating cage farming and shellfish farming.

Similarly, approved investments in the primary processing sector have declined by 16.1%, to be limited to 20.8 MD. The investments declared, at the end of September, amounted to 4603 operations, worth 903 MD.

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